Korn/Ferry International Given New $37.00 Price Target at SunTrust (KFY)
Equities research analysts at SunTrust upped their price target on shares of Korn/Ferry International (NYSE:KFY) from $34.00 to $37.00 in a research note issued to investors on Monday, AnalystRatings.NET reports. SunTrust’s target price would suggest a potential upside of 28.79% from the stock’s previous close.
Shares of Korn/Ferry International (NYSE:KFY) traded up 5.40% during mid-day trading on Monday, hitting $30.28. The stock had a trading volume of 434,446 shares. Korn/Ferry International has a 1-year low of $16.92 and a 1-year high of $30.75. The stock’s 50-day moving average is $29.08 and its 200-day moving average is $25.81. The company has a market cap of $1.506 billion and a price-to-earnings ratio of 21.93.
Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.43 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.09. The company had revenue of $250.90 million for the quarter, compared to the consensus estimate of $229.23 million. During the same quarter last year, the company posted $0.31 earnings per share. Korn/Ferry International’s revenue was up 19.3% compared to the same quarter last year. On average, analysts predict that Korn/Ferry International will post $1.54 earnings per share for the current fiscal year.
Korn/Ferry International (NYSE:KFY) is a global provider of talent management solutions that help clients to develop, retain and sustain their talent.
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